Shares of Finance sector company Citigroup moved 0.8% today, and are now trading at a price of $48.89. The large-cap stock's daily volume was 17,281,462 compared to its average volume of 17,885,915. The S&P 500 index returned a 0.0% performance.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company is based in New York and has 240,000 full time employees. Its market capitalization is $93,569,597,440. Citigroup currently offers its equity investors a dividend that yields 4.2% per year.
24 analysts are following Citigroup and have set target prices ranging from $42.0 to $95.0 per share. On average, they have given the company a rating of hold. At today's prices, C is trading -7.41% away from its average analyst target price of $52.8 per share.
Over the last year, C's share price has increased by 10.0%, which represents a difference of -8.0% when compared to the S&P 500. The stock's 52 week high is $53.23 per share whereas its 52 week low is $38.17. Citigroup has averaged free cash flows of $-2040166666.7 over the last 6 years, with a mean growth rate of -14.3%. It is unlikely that the stock can sustain its current performance trend for the long term when the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | -55,937,000 | 6,783,000 | -62,720,000 | -422.68 |
| 2022 | 25,069,000 | 5,632,000 | 19,437,000 | -54.77 |
| 2021 | 47,090,000 | 4,119,000 | 42,971,000 | 259.54 |
| 2020 | -23,488,000 | 3,446,000 | -26,934,000 | -48.21 |
| 2019 | -12,837,000 | 5,336,000 | -18,173,000 | -154.77 |
| 2018 | 36,952,000 | 3,774,000 | 33,178,000 |
